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Indonesia’s new export earnings rule raises fears of cash crunch, competitive setbacks – The Business Times
[JAKARTA] Indonesia’s bold move to mandate exporters to park all earnings onshore for a full year starting Mar 1 has come in for some criticism, with observers warning that...
US SEC unveils task force to start work on crypto regulations – The Business Times
THE US Securities and Exchange Commission’s (SEC) new leadership said on Tuesday (Jan 21) it had created a task force to develop a regulatory framework for crypto assets, in...
Stocks to watch: Mapletree Logistics Trust, SingPost, Stoneweg E-Reit, Sabana Industrial Reit – The Business Times
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jan 22): Mapletree Logistics Trust (MLT): Its distribution per unit (DPU) fell 11.1 per cent...
United Airlines offers an upbeat outlook on improved pricing power – The Business Times
UNITED Airlines on Tuesday forecast a stronger-than-expected profit in the current quarter, after its earnings topped Wall Street estimates in the fourth quarter on robust travel demand and improved...
Charles Schwab’s fourth-quarter profit soars on higher asset management fees – The Business Times
BROKERAGE firm Charles Schwab said on Tuesday (Jan 21) that its profit rose 44 per cent in the fourth quarter driven by a jump in asset management fees, sending...
UBS CEO signals job cuts will continue in quest to lower costs – The Business Times
UBS Group chief executive officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit Suisse.
The Swiss lender seeks to shed...
Investors should ‘take a step back’ to spot opportunities for Asean amid Trump tariffs: JPMorgan – The Business Times
EVEN as US President Donald Trump stirs up the market with a barrage of executive orders, JPMorgan’s chief market strategist for the Asia-Pacific Tai Hui believes there is no...
US: Wall St opens higher with all eyes on President Trump’s trade policy – The Business Times
Wall Street’s main indexes opened higher on Tuesday (Jan 21), as investors assessed newly elected President Donald Trump’s executive orders on issues including energy and immigration, while awaiting his...
Comac jets for Vietnam show China’s push for international market – The Business Times
CHINA’S drive to break into foreign aviation markets with its homegrown Comac jets has intensified, with a push to persuade Vietnam to authorise its planes in the country, according...